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Economy in Palatine township, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyPalatine township, ILUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth-1.02%-0.12%
Future Job Growth29.06%31.25%
Sales Taxes9.00%6.80%
Income Taxes3.00%6.25%
Income per Cap.$39,648$27,067
Household Income$81,157$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.42%12.10%
Income between 15K and 25K4.86%10.18%
Income between 25K and 35K5.82%10.56%
Income between 35K and 50K11.79%14.98%
Income between 50K and 75K19.08%19.53%
Income between 75K and 100K16.95%12.52%
Income between 100K and 150K20.73%12.14%
Income between 150K and 250K7.26%3.91%
Income between 250K and 500K7.45%3.34%
Income greater than 500K1.65%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations21.48%13.81%
Professional and Related Occupations23.66%22.68%
Service11.13%14.51%
Sales and Office26.68%25.22%
Farming, Fishing, and Forestry0.06%0.68%
Construction, Extraction, and Maintenance5.75%9.37%
Production, Transportation, and Material Moving10.42%15.86%
Median Household Income

The unemployment rate in Palatine township, IL, is 8.90%, with job growth of -1.02%. Future job growth over the next ten years is predicted to be 29.06%.

Palatine township, IL Taxes

Palatine township, IL,sales tax rate is 9.00%. Income tax is 3.00%.

Palatine township, IL Income and Salaries

The income per capita is $39,648, which includes all adults and children. The median household income is $81,157.


Palatine township Economy SperlingViews

Summer is nice...: The winter in IL sucks. Even when we have a "mild" winter, it still sucks. life is too short to live somewhere... (read more)Have an opinion about Palatine township? Leave a commentTo See All SperlingViews for Palatine township Click Here

Palatine township General SperlingViews

Summer is nice...: The winter in IL sucks. Even when we have a "mild" winter, it still sucks. life is too short to live somewhere... (read more)Have an opinion about Palatine township? Leave a commentTo See All SperlingViews for Palatine township Click Here